People these days are getting too much hike when they are switching. Why this trend is going? How long it will remain this way? I mean there will be saturation. If companies again start removing their employees then these people will be thrown first who will not able to justify thier package.

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Posting as :
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Yes it's true. This bubble would break sometime but we're actually underpaid. 20yrs before when my uncle joined an mnc IT company he got 2.9L and where in my cas I got 3.6 Lpa 3 yrs before in same company. Where the hell market correction went. Only companies pocket got filled. Now they are in situation they need to share those with the employees now. No matter if a fresher gets 5LPA in this current situation now. This is the time where we could choose the right compensation for us. But over greed puts u in a dangerous position. And also companies are not a fool to provide u this much hike. Actually we have been fooled this much year. They know the bugdet. There might be no hike for those who are costly resource but they won't fire all.

likeupliftingsmart

Hope they don't fire all of those people.

Buri nazar wale...tera muh kala😂

Post Photo
funnylike

Aare joking bro...😂 Dil pe maat lena!

funny

No totally wrong...due to work from home concept, companies are making a huge profit.and due to lock down many sector moved their business to online concept.Hence service based companies are getting more projects.In that way requirements are arising.When company sees more revenue without extra cost ( i.e. being covered up earlier but currently zero),they are ready to pay more to associates.This is new trend and to be continued...

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They should give better pay to the existing resources.Now they can be realise.Attrition rate is higher now.

Huge demand due to digital transformation across the globe. The pandemic gave great lesson to different businesses..this will stay for some time. The hike and attrition may be temporary for an year. After that it will stablize for sometime. Abhi behti ganga mein haath dho lo baad mein ye mauka mile na mile

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That's true, That will happen within a year, As Companies have already rampped up for Freshers hiring

True, And they don't require the senior resources much in the Project.

Just my thought , None knows how the future is going to be.

Hope this trend continues and people gets chance to work with good package so that focus remains only on work.

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Have you switched?

Even before completing the above comment, I received one more paper.

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